Industry
In the rapidly evolving energy storage sector, announcements and updates come thick and fast. From acquisitions and funding to new business models, the industry is growing and maturing by the day.
The number of gigafactories breaking ground has soared in recent years as the global rush to develop lithium-ion battery production capacity continues.
In parallel, there is a pressing need to develop a circular economy in the sector but also many open questions regarding safe and efficient recycling.
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Latest News
‘After the blackout, we saw a 70% increase in demand for batteries and hybrid kits’
Javier Rodríguez Lizcano, CEO of clean energy wholesaler Solarbox, tells pv magazine Spain about solar equipment trends and highlights growing interest in batteries and hybrid systems for homes and small businesses.
2 hours ago
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Tesla deploys 9.6 GWh of battery storage in Q2, 10 GWh Nevada cell factory ‘nears completion’
The electric vehicle company reported flat energy storage growth, quarter over quarter, but nearly 50% growth year-to-date, compared with 2024. Tesla has deployed 37.9 GWh over the past four quarters and is approaching 100 GWh deployed.
US DOE awards $14m for unique energy storage systems for critical facilities and infrastructure
The US Department of Energy's (DoE) Critical Facility Energy Resilience (CiFER) fund will back an organic quinone flow battery and an iron and sodium long duration energy storage (LDES) system in California, plus a lithium battery with a novel cathode material in New York state.
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US Senate Republicans propose sparing batteries harshest elements of anti-Green New Deal legislation
Energy elements of Republicans' Budget Reconciliation Bill would leave the tax credits of battery component factories largely untouched but could target some foreign manufacturers as well as restricting incentives for small-scale batteries.
At least 18 GW of batteries await Brazil’s planned auction
While Brazil is making progress in customer-side, "behind-the-meter" and off-grid battery solutions – with more than 700 MWh – it still lacks guidelines for a planned gigawatt-scale national auction. Markus Vlasits, president of the Brazilian Association of Energy Storage Solutions (ABSAE), tells pv magazine about the nation's utility-scale battery bottleneck.
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Italian region allocates funding for renewables, energy storage for business
Sardinia's councillor for industry, Emanuele Cani, announced grant funding for small and medium-sized enterprises (SMEs) in the Sulcis Iglesiente mining region and said a wider program of help would be offered across the island in due course.
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Why long-duration doesn’t pay – yet.
Despite growing recognition of long-duration storage’s importance, independent system operator (ISO) and regional transmission organization (RTO) market structures in the US still reward short-term response, leaving developers little financial incentive to build batteries with more than two hours of capacity.
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